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Question 16 5 points Save Answer STATEMENT OF CASH FLOW: Company A has net income of 1,000,000, depreciation of 500,000, a decrease in accounts receivable
Question 16 5 points Save Answer STATEMENT OF CASH FLOW: Company A has net income of 1,000,000, depreciation of 500,000, a decrease in accounts receivable of 200,000 and an increase in accounts payable of 100,000. Using the indirect method, what is the amount for net cash flow from operating activities? A. 1,800,000 B. 1,600,000 C. 1,400,000 D. 1,200,000 E. None of the above
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